Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...

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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark...
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
64 comments:
Reposting
Huge OI addition in 5200 and 5300 CE
5200 861200
5300 597150
feelin of bearishness is there, but in reality we are above weekly high JNSAR, weekly high EMA. In the last few months we never closed above weekly high JNSAR leave alone WHEMA.
Today MASTER is silently watching without any views/discussions
parminderji: if master is not commenting means no change in trend. that alone is soothing :)
alisha jain..this is for you :)
http://www.youtube.com/watch?v=HhHrV5UsQ_Q
Dear Ilango Sir & Blogmates,
OI Update at 12:15 PM
Thanks & Regards,
Sanjay Kr Jaiswal
Bhavan - watchout 963 sensex now 3rd attempt too failed???
sujatha mam. lols
Thanks SR
but knowing DR i know he manages at his fingertips i.e. mobile
I think he is actually busy counting notes
highest correction has been 80 points intraday in this rise from 4750 and avg 55-60.
inflation at 10.60
today intraday VAL @5090 and POC @ 5097 so as long as it stays ^it is safe to be on long side
Good After Noon Master and copy to All
Wife admitted in Hospital yesterday night(Dysentery)
she is Ok now
If one can check entire rise from 4750 till now on
Hourly charts is in rising wedge pattern break of 5070
will confirm the fall from there.
does anybody know when is G20 summit
DR - ji sorryyyyyyy... sincere apologies :( :(
DR SSA And GA and what r u doing here then please be at her side let us pull your leg in your absence because otherwise we cannot dare to and please wishing her a speedy recovery as missing u not only us but the bulls also
goodday
@DR
hi :(
@Bhavan
G20 summit: November 3, 2011
@Dr sir,
Sorry to hear that. But relieved that she is better now. My good wishes.
Dinesh ji SSA,
U should be near her and take care of her.
Regards
@DR
take care
inflation is increasing.iip figure is not good.
trend is overbought.But nifty is moving up.what to do?
Drji: wishing her a speedy recovery.
dinesh sir,
My Best wishes for good health
http://www.osdpharma.org/images/dhanwantri.jpg
I will take your leave
thanks for the wishes
dinesh sir,
wishing her a speedy recovery!
@DR
take care...
DR Sir,
wishing speedy recovery.
Dusherrana fafda ni asar nathine?
pdd
Suja, did you switch the grinder on???
@satheesh
I think she turned the pump on ;)
@DR sir,
Wishing speedy recovery
sanjay bhai: if OI is up in puts..how is it short built up?
DR Sir,
wishing speedy recovery.
around 50rs one can buy equal amount of 5000 puts and 5200 calls and see the magic !!
Ramcharan,
OI up with decrease in price is normally taken as short build-up
Sanjay
80% retracement of fall from 5135-5078 comes at 5124
Ilango sir In the chart of Nifty hour with 14,21 SMAs along with
KST indicator, The KST indicator is in making of lower top
so is it consider to sell near 5200-5170 zone where price will
make higher top but KST (Lead indicator) may make lower top.
Your views pls.
Good Afternoon Everybody...
Dear Ilango,
NSE site showing 5136.95 as top today & TA
Table is showing 5136 as top.If possible then let me
know the reason Pl.Thanks.
Bear flag broken down
inflation is concern says RBI Governor.Hence, nifty is
coming down
@Ilango
Perhaps I am wrong, but my feedback to you would be
to not give credence to views expressed by blog members
on your comments.....personally, I find them very
helpful in determining trade direction....would therefore,
appreciate your views
NO doubt, others on this blog, would second my request
@mynac,
GA. what does the OI tell you now ?:)
Can we expect a further rise in repo rate by 0.50p point
@ Satheesh - power cut :( it has to grindddddddd well and move down (wishful thinking) charts says different :P sensex price 963 not allowing upside??? decesive breakes i expect 453 (huh nothing for sensex) calculate where nifty will be?? any guess?? not today itself atleast if nifty closes below 4997 tomorow then bear will be free "catwalk"
Mynac - hats off - now able to mingle your views with my levels :)
negative divergence
thanks for chart Ilango
H-JNSAR is 5070. Coming up.
Fast rise possibility exists at the channel support of 5min NF CHART at 5060-50 (50 DMA) levels. If NF breaks 5040 then the fast rise would be negated and would be a fall.
Sir,
Now your 5min wave count chart would be of immense use.
Hi... any anyone please tell the stochastic settings used by this site for the live charts?
Reliance came down from 858
TCS not holding 1100
Praj very volatile on result day.
LT testing support
16841 breakes little more relief for bears (short term for today) closed below is very well
After a long time nifty future is at discount!
Dear satheesh,Sujatha,
GA,
Power cut is at its best here,so after morning session
could not see,much more Market activity.
New Post Done.
A Flat completed the first tgt.
Nifty unable to sustain above 5100 at present,
and good 9 lac intra addition is there, and
trading below 5100 PE,where huge writing was there
yesterday.Probably Good 18 lac O.I.would be threat for any
up move from here,if it Nifty shall close below 5100.
Relief for Bulls : No that much addition in 5100 PE today.
Pl.read intra addition of 9 lac in 5100 CE is there.
DR sir , My best wishes .
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